Bitcoin Bottom Has Passed, Delphi Digital Says - page 2.

smyslov

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Quote from: momchilandonov on November 03, 2019, 05:26:32 PM

Bitcoin (BTC) saw a boost to its volumes in October, especially during the last volatile week of the month. Delphi Digital suggests more active trading may suggest the market bottom is already behind us.

https://bitcoinist.com/bitcoin-bottom-has-passed-delphi-digital-says/

I hope these are all true, so we can move and people will stop waiting for another dump to happen before they can buy, I also don't believe that there is going to have a massive dump, I prefer to hodl and buy more coins and don't wait for massive dump so I can buy, if you believe that Bitcoin has a potential, buy it when you have funds, now is the time to buy maybe the price that is showing now will be higher in the coming days.

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Quote from: momchilandonov on November 03, 2019, 05:26:32 PM

Bitcoin (BTC) saw a boost to its volumes in October, especially during the last volatile week of the month. Delphi Digital suggests more active trading may suggest the market bottom is already behind us.

https://bitcoinist.com/bitcoin-bottom-has-passed-delphi-digital-says/

A few days ago the price dropped to $8500

If the price falls below $8500, then we can probably see the price falling below $8000 (it seems to me that the $8000 zone is a strong psychological zone and if fall below to $8000 we will see the price back to $7800)

Pamadar

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Quote from: Fatunad on November 10, 2019, 05:56:40 AM

Quote from: Russlenat on November 10, 2019, 05:23:13 AM

Hard to be confident when the market is not stable yet or its still struggling.

I dont consider the marker is struggling in the $8,800 figure. This is just a correction after the btc jumps over 30% in just 24Hours. Maybe if the btc will fall below $7,000 level bearish will most likely a trend when that happens. As we are close to the btc halving I dont see any further pull back of the price. Btc might jump to above $10,000 anytime soon. I'm looking forward for another pump on december.

Being optimistic will bring you to much comfortable position while waiting for any movements from the market. It's hard to say where's the exact direction and what will be the next trend, but if you do have good approach and you are confident with your position then things will be positive
to your investment. Keep observing and assess if you can trace the right path to succeed from this venue of business.

Reid

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If that is the bottom then what is happening now.
I think $8k might still be the bottom although the bitcoin price is still resisting. Better think advance than expecting for too much right?
Yes, I am pessimistic but also a realist. The resistance seems to be quite hard to break. We should have been in 10k by now and maybe that is when we could set another bottom.

el kaka22

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When bitcoin is dropping like a fly these days it is really not that easy to say bitcoin is not going to a further bottom. Sure it may not go any further down, maybe it won't go under 8k maybe it won't go to a new bottom but it is not really easy to say that right now. There is still that small possibility that we can hit a brand new low and that is why we can't really be comfortable with the prices.

I am honestly not buying anymore, I already sold when we reached the peak and I am waiting for something new, a new bottom or at least the old bottom of 7.5k or so is still quite possible if you ask me. Don't get me wrong I still think halving will cause an increase in the price but we may have a brand new bottom until we reach that halving period because there is still 6 months to go.

Fatunad

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Quote from: Russlenat on November 10, 2019, 05:23:13 AM

Hard to be confident when the market is not stable yet or its still struggling.

I dont consider the marker is struggling in the $8,800 figure. This is just a correction after the btc jumps over 30% in just 24Hours. Maybe if the btc will fall below $7,000 level bearish will most likely a trend when that happens. As we are close to the btc halving I dont see any further pull back of the price. Btc might jump to above $10,000 anytime soon. I'm looking forward for another pump on december.

Russlenat

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Hard to be confident when the market is not stable yet or its still struggling.

If we really hit the bottom then that's good so we will eventually see some improvement this year and in the years to come.

I hope if ever there is a bull run, it will not happen as fast as before so we will not experience the same consequence which is the long bear market.
I know we are all tired of the market situation because its been like this for over a year already, all I can do is just hope that all of these will be gone and the market will flip to bullish again.

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Quote from: momchilandonov on November 03, 2019, 05:26:32 PM

Bitcoin (BTC) saw a boost to its volumes in October, especially during the last volatile week of the month. Delphi Digital suggests more active trading may suggest the market bottom is already behind us.

https://bitcoinist.com/bitcoin-bottom-has-passed-delphi-digital-says/

We are still below $8k again, and the sideway trends are hurting the market but hopefully yes, bottom has finally hit so we wont go lower again. Some are waiting for more good news, which can pump the market after days of confirmation. With the current trend it will be hard to tell if the market will go up now, existing prices are still good nothing rush in this market so be more patient.

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Quote from: acdc on November 06, 2019, 11:18:04 AM

Everything is possible in this market. When Bitcoin cost $ 20,000 nobody thought it would drop to $ 3000. I am not sure if Bitcoin's bottom is behind or not, but in recent times there has been a lot of good news about the cryptocurrency market so everyone can expect that Bitcoin price will increase continuously.
I really hope Bitcoin will reach $ 15,000 by the end of 2019.

But it's over a year before Bitcoin dropped to 3k in January 2019 after that ATH on December 2017. That 3k probably was the bottom this year so we are now moving for the next year speculation since the halving is just months away. Expecting 15k this coming December is far from what I saw in the market. I don't know what would be the new ATH of Bitcoin next year but I do hope it's beyond 20k or more.

barota

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in my opinion ; this strategie of waiting new bottom every year not good . past year prices bitcoin fall under 3500 usd per btc . now prices rise a lot . i agree that bitcoin bottom has passed past year always . if they talk about new bottom not of the past . i say halving come day by day . so i expect another new high price more than 18000 usd per btc

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Quote from: momchilandonov on November 03, 2019, 05:26:32 PM

Bitcoin (BTC) saw a boost to its volumes in October, especially during the last volatile week of the month. Delphi Digital suggests more active trading may suggest the market bottom is already behind us.

https://bitcoinist.com/bitcoin-bottom-has-passed-delphi-digital-says/

I think that I will agree with you on this too that bitcoin has bottomed, which makes the future of bitcoin to start looking so promising now in preparation for the halving also, which I think most investment that needs to be done is to be done now, because bitcoin could start its bullish trend very soon, I mean the full one because we have not been in the bearish market since the month of April, only the altcoins are still bearish.

The only thing we could see again right now is just some corrections, which is good for us to have chance to always enter the market whenever we miss a dip, so when we see some dip, we should not confuse it to bottom as some people do call some corrections of bitcoin as it being the bottomed again.

acdc

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Everything is possible in this market. When Bitcoin cost $ 20,000 nobody thought it would drop to $ 3000. I am not sure if Bitcoin's bottom is behind or not, but in recent times there has been a lot of good news about the cryptocurrency market so everyone can expect that Bitcoin price will increase continuously.
I really hope Bitcoin will reach $ 15,000 by the end of 2019.

beerlover

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Considering we are getting very close to halving (just 6 whole months left) it makes sense that price may not go down ever again to sub 8 thousand dollar levels.

Consider the fact that bitcoin will be going up after the halving people will start buying bitcoin before the halving (I sense that people will overbuy bitcoin to get ready for halving and price will be already ballooned up so price may not go up as much as people anticipated and that may result with going down after halving) and those people who buy bitcoin will make it go up before the halving which would mean if the price goes down right now they would buy even more, they would buy even if it doesn't go down, hence there is a good demand of bitcoin even tho some people try to sell as much as they can to keep it low.

audaciousbeing

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Quote from: momchilandonov on November 03, 2019, 05:26:32 PM

Bitcoin (BTC) saw a boost to its volumes in October, especially during the last volatile week of the month. Delphi Digital suggests more active trading may suggest the market bottom is already behind us.

https://bitcoinist.com/bitcoin-bottom-has-passed-delphi-digital-says/

This is just the problem I have with columnist and its because they surely lack consistency. Now its about how the bottom is behind and how we are ready for the next all time high and the moment the reverse is happening, they are the first set to release articles to even publicize the calamity that have befallen crypto. The point is there is no point that cannot be reached again whether on the positive side or the negative side. The difference is the activities that happen using the market forces as a deciding factor in what happens to price.

wajik-tempe

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Quote from: alexsandria on November 05, 2019, 08:39:11 PM

Quote from: Questat on November 04, 2019, 03:38:17 AM

Whoever said that, even the most popular personality in crypto, I still won't believe it's guaranteed.
The point is once the market is unpredictable, it will remain unpredictable and therefore we might see another bottom before it pump or we will just see a one sided pump, we really don't know, what I do is I just believe and remain optimistic that time will come that BTC will have a new ATH again.

Unpredictable yes it is. But atleast we are seeing a several positive news. Such news will might as well be considered a foundation for an pumps or a sign of bearish market not to come at the moment. Though it is unpredictable but it such pumps, bull run ain't just happening for no reason at all. Well I am not forcing you either to believe.

Yeah preparing for any condition is a must thing in investing in cryptocurrency because price can be affected by news and news could be manipulated. It's really make sense if someone say bitcoin already reach it's dip this year and won't go down under that dip again, and so many good news lately makes bitcoin stand still on 9,3k+ , but things still can happen and we have to set a stop loss for our bitcoin investment

Wysi

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Quote from: alexsandria on November 05, 2019, 08:39:11 PM

Quote from: Questat on November 04, 2019, 03:38:17 AM

Whoever said that, even the most popular personality in crypto, I still won't believe it's guaranteed.
The point is once the market is unpredictable, it will remain unpredictable and therefore we might see another bottom before it pump or we will just see a one sided pump, we really don't know, what I do is I just believe and remain optimistic that time will come that BTC will have a new ATH again.

Unpredictable yes it is. But atleast we are seeing a several positive news. Such news will might as well be considered a foundation for an pumps or a sign of bearish market not to come at the moment. Though it is unpredictable but it such pumps, bull run ain't just happening for no reason at all. Well I am not forcing you either to believe.

Yes I agree, as we have two set of people over here wherein one never believes that the bearish market will end and questions every positive new and the other set of people have no idea about the market situation and keeps saying that bitcoin will reach moon and all. Sometimes we need to look at the brighter side as well even though market is unpredictable.

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Quote from: Questat on November 04, 2019, 03:38:17 AM

Whoever said that, even the most popular personality in crypto, I still won't believe it's guaranteed.
The point is once the market is unpredictable, it will remain unpredictable and therefore we might see another bottom before it pump or we will just see a one sided pump, we really don't know, what I do is I just believe and remain optimistic that time will come that BTC will have a new ATH again.

Unpredictable yes it is. But atleast we are seeing a several positive news. Such news will might as well be considered a foundation for an pumps or a sign of bearish market not to come at the moment. Though it is unpredictable but it such pumps, bull run ain't just happening for no reason at all. Well I am not forcing you either to believe.

target

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Yep $7k is their bottom. I guess because it touches many times to that support. They didn't consider $3k to be the bottom when it really is, it just bounce back up quickly.

Quote from: boltz on November 05, 2019, 09:13:05 AM

Indeed bottom has been long passed. The bottom was at 3k$ and that was it. Since then we should be glad that we had this small dips in price giving us the opportunity to accumulate Bitcoin again and even the carts point in this direction as we're still in a strong accumulation zone so I would expect the price to stay above 9k$ and under 10k$ until the end of the year.

Its a much ideal price up til mid 2020, its just not how things work when halving is fast approaching. Its already presumed those miners will sell their coins for a higher price and traders will do so as well.

SaShiRaJaVu

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Quote from: momchilandonov on November 03, 2019, 05:26:32 PM

Bitcoin (BTC) saw a boost to its volumes in October, especially during the last volatile week of the month. Delphi Digital suggests more active trading may suggest the market bottom is already behind us.

It is too early to determine whether the market bottom is behind us, you never know what will happen before the halving, we might not see the market going down till December but it will be interesting to know how the market will react after New year and usually we usually see the market going down during that period and lets see how the market performs during that period and then we can tell that the bottom is behind us.

imstillthebest

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Quote from: boltz on November 05, 2019, 09:13:05 AM

Indeed bottom has been long passed. The bottom was at 3k$ and that was it.

3k ? this year ? no i dont see that comming but afaik the lowest that we achieve this year was at 6 to 5k usd but the 3k atl that you mention was i think on the past past years price of btc . for me i think there will be more bottom in the future including on this year because there are still some months left but i dont wish for that to happen because im an anti dip . id be more happy to see the price soaring high because this was the only time that i can earn better Wink

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